Real Estate
Euro drops as glum PMI readings stoke bets on more ECB easing
THE euro fell against the US dollar on Monday (Sep 23) as business activity readings painted a grim picture of the eurozone economy and fuelled bets on more interest...
MAS orders Qoo10 to stop payment services in Singapore
THE Monetary Authority of Singapore (MAS) has directed Singapore-headquartered e-commerce platform Qoo10 to suspend its provision of payment services locally from Sep 23.
This comes after the authorities received several...
EVs to get boost from extended incentives, but hybrids could suffer from emission rebate cut
Even as changes show Republic’s commitment to electric vehicles, some say that hybrids are still relevantRECENT tweaks to two clean-vehicle schemes show Singapore’s commitment to electric vehicles (EVs) –...
US curbs on Chinese EV software tech risk spreading much further
A US plan that would further limit Chinese electric vehicles (EVs) with software and hardware curbs may have ramifications beyond the car industry and could result in retaliation against...
China Resources Beverage aims to launch up to US$1 billion Hong Kong IPO in October: sources
DRINKS maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to US$1 billion in October, according to two sources with direct...
Indonesia leader inaugurates miner Amman Mineral’s 21 trillion rupiah copper smelter
INDONESIAN President Joko “Jokowi” Widodo inaugurated Amman Mineral Internasional’s 21 trillion rupiah (S$1.8 billion) copper smelter in the West Nusa Tenggara province on Monday (Sep 23) saying he wanted...
Commerzbank warns UniCredit merger is threat to German businesses: FT
COMMERZBANK’S management has warned the German government that a potential multibillion euro merger with Italy’s second-largest bank UniCredit is a threat to businesses that make up the backbone of...
